**Registered Charity Number: 1120449**
# **MISS C M SCOTT-SMITH DECEASED CHARITABLE TRUST**
## **ACCOUNTS**
**FOR THE YEAR ENDED 5 APRIL 2022**
**MISS C M SCOTT-SMITH DECEASED CHARITABLE TRUST**
## **ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2022**
## **CONTENTS**
||**Page**|
|---|---|
|Information sheet|1|
|Independent examiners report|2-3|
|Balance sheet|4|
|Receipts and payments account|5|
|Income distribution account|6|
## **MISS C M SCOTT-SMITH DECEASED CHARITABLE TRUST**
## **INFORMATION SHEET FOR THE YEAR ENDED 5 APRIL 2022**
**The Deceased** Miss C M Scott-Smith **Date of Death** 28 January 2004 **Trustees** Mr Richard Ostle Mr Antony Caulfield Mr David Young **Administrators** Gaby Hardwicke 2 Eversley Road Bexhill-on-Sea East Sussex TN40 1EY
**Accountants** McPhersons CFG Limited 23 St Leonards Road Bexhill-on-Sea East Sussex TN40 1HH
Page 1
**MISS C M SCOTT-SMITH DECEASED CHARITABLE TRUST**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MISS C M SCOTT-SMITH DECEASED CHARITABLE TRUST FOR THE YEAR ENDED 5 APRIL 2022**
I report on the accounts of the trust for the year ended 5 April 2022 which are set out on pages 4 and 5.
## **Respective responsibilities of trustees and examiners**
The charity's trustees are responsible for the preparation of accounts. The charity's trustees consider that an audit is not required for the year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to our attention:
- 1) which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act.
have not been met; or
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Peter Watters FCA BFP** Date: 19th December 2022 McPhersons CFG Limited Chartered Accountants 23 St Leonards Road Bexhill-on-Sea East Sussex TN40 1HH
## **Peter Watters FCA BFP**
Page 2
**MISS C M SCOTT-SMITH DECEASED CHARITABLE TRUST**
## **BALANCE SHEET FOR THE YEAR ENDED 5 APRIL 2022**
**£ £ £ £ Investments** UK Investments (at cost) 1,623,046 **Cash at bank** Gaby Hardwicke client account 6,159 Rathbones 82,191 88,350 **Debtors** Rathbones - Accrued income - - **Creditors** Accountancy 2,280 Legal and professional fees 2,000 Income distribution account 795,981 (800,261) (800,261) **Net current assets** (711,911) **Net Assets 911,135 Representing Estate Capital Accounts 911,135** The market value of the UK investments at 5 April 2022 was £2,194,308 I confirm that I approve these accounts on behalf of the Trustees.
Mr R Ostle Date: 5th December 2022
Page 3
**MISS C M SCOTT-SMITH DECEASED CHARITABLE TRUST**
## **INCOME ACCOUNT FOR THE YEAR ENDED 5 APRIL 2022**
|**Income received**
Dividends received
Interest received
Profit on sale of investments
Other income
**Expenses**
Accountancy
Solicitors fees
Investment managers fees
Other expenses
Loss on sale of investments
**Net income**
**Transfer to distribution account**|**£**
37,333
9,145
59,253
-|**£**
105,730
(20,750)|
|---|---|---|
||2,280
3,358
9,827
-
5,285||
||||
|||84,981|
|||84,981|
Page 4
**MISS C M SCOTT-SMITH DECEASED CHARITABLE TRUST**
## **INCOME DISTRIBUTION ACCOUNT FOR THE YEAR ENDED 5 APRIL 2022**
|Undistributed income brought forward
Income for the year
Distributions in the year
Undistributed income carried forward|**£**
734,332
84,981
(23,333)|
|---|---|
||**795,981**|
Page 5